EX 10-21 Entries for instaliment note transactions On January 1 of Year 1, Bryson Company obtained a $147,750, four-year, 7% installment n Campbell Bank. The note requires annual payments of $43,620, beginning on December 31 ote from er 31 of PLATE Year 1. a. Prepare a table for this installment note, similar to the one presented in Exhibit 4. Round to the nearest dollar b. Journalize the entries for the issuance of the note and the four annual note payments. Describe how the annual note payment would be reported on the Year 1 income C. statement